Arthroscopy is a minimally invasive surgical procedure performed by surgeons to diagnose and treat joint related disease. Arthroscopy involves a small incision through which a probe containing a small lens and lightening system to visualize inside structure of the body is inserted. Arthroscopic surgery is performed to treat acute or chronic injury related to knee, shoulder, hip and wrist by preventing post-surgery complications, infections, and involves minimal scarring at the surgery site.
There are various applications of arthroscopy devices such as knee, shoulder and hip implantation. Among these procedures, knee implantation contributes a major market share, followed by shoulder implantation owing to increasing number of knee and shoulder replacement surgeries worldwide.
Market Dynamics
The arthroscopy surgery is preferred for treating sports injuries due to its low recovery time and minimally-invasive nature. Increasing number of arthroscopy procedures due to sport injuries is another factor driving growth of arthroscopy devices market. For instance, According to the Centre for Disease Control and Prevention (CDC) National Health Statistics Report of 2016, around 8.6 million people suffered from sports and recreation related injuries from 2011 to 2014 in the U.S.
However, factors such as high cost associated with the arthroscopic surgeries is expected to hamper growth of the arthroscopy devices market in the near future. For instance, in February 2019, according to the Ambulatory Surgery Centre Association (ASCA), the average cost of arthroscopic knee surgery in the U.S. is $18,975, although prices can range from US$ 5,700 to US$ 23,600.
Key features of the study:
- This report provides in-depth analysis of the arthroscopy devices market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2019 – 2027, considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
- It profiles key players in the global arthroscopy devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key players covered as a part of this study include Smith & Nephew Plc, Olympus Corporation, Johnson & Johnson (DePuy Synthes Inc.), Stryker Corporation, CONMED Corporation, Vimex Sp. z o.o., and Karl Storz SE & Co. KG
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
- The global arthroscopy devices market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for arthroscopy devices market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
- Global Arthroscopy Devices Market, By Product Type:
- Arthroscopes
- Arthroscopy Shavers
- Arthroscopy Fluid Management System
- Arthroscopy Implants
- Arthroscopy Radio Frequency Systems
- Arthroscopy Visualization Systems
- Global Arthroscopy Devices Market, By Application:
- Knee Implant
- Shoulder Implant
- Hip Implant
- Others
- Global Arthroscopy Devices Market, By Region:
- North America
- By Country:
- By Product Type:
- Arthroscopes
- Arthroscopy Shavers
- Arthroscopy Fluid Management System
- Arthroscopy Implants
- Arthroscopy Radio Frequency Systems
- Arthroscopy Visualization Systems
- By Application:
- Knee Implant
- Shoulder Implant
- Hip Implant
- Others
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Product Type:
- Arthroscopes
- Arthroscopy Shavers
- Arthroscopy Fluid Management System
- Arthroscopy Implants
- Arthroscopy Radio Frequency Systems
- Arthroscopy Visualization Systems
- By Application:
- Knee Implant
- Shoulder Implant
- Hip Implant
- Others
- Asia Pacific
- By Country:
- Australia
- India
- China
- Japan
- ASEAN
- South Korea
- Rest of Asia Pacific
- By Product Type:
- Arthroscopes
- Arthroscopy Shavers
- Arthroscopy Fluid Management System
- Arthroscopy Implants
- Arthroscopy Radio Frequency Systems
- Arthroscopy Visualization Systems
- By Application:
- Knee Implant
- Shoulder Implant
- Hip Implant
- Others
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Product Type:
- Arthroscopes
- Arthroscopy Shavers
- Arthroscopy Fluid Management System
- Arthroscopy Implants
- Arthroscopy Radio Frequency Systems
- Arthroscopy Visualization Systems
- By Application:
- Knee Implant
- Shoulder Implant
- Hip Implant
- Others
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Product Type:
- Arthroscopes
- Arthroscopy Shavers
- Arthroscopy Fluid Management System
- Arthroscopy Implants
- Arthroscopy Radio Frequency Systems
- Arthroscopy Visualization Systems
- By Application:
- Knee Implant
- Shoulder Implant
- Hip Implant
- Others
- Africa
- By Country:
- South Africa
- Central Africa
- North Africa
- By Product Type:
- Arthroscopes
- Arthroscopy Shavers
- Arthroscopy Fluid Management System
- Arthroscopy Implants
- Arthroscopy Radio Frequency Systems
- Arthroscopy Visualization Systems
- By Application:
- Knee Implant
- Shoulder Implant
- Hip Implant
- Others
- Company Profiles
- Smith & Nephew Plc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Olympus Corporation
- Johnson & Johnson (DePuy Synthes Inc.)
- Stryker Corporation
- CONMED Corporation
- Vimex Sp. z o.o.
- Karl Storz SE & Co. KG.
“*” marked represents similar segmentation in other categories in the respective section
